Posts Tagged ‘ Consumer fraud ’

Online holiday shopping is also big business for fraudsters

According to EMC’s November 2012 fraud report, online holiday shopping is projected to account for 24% of the year’s total  e-commerce sales which is good news for retailers and unfortunately, it can also be good news for online con artists.  If 2012 is anything like 2011, retailers will need to increase their data protection and security [...][ READ MORE ]

Data breaches don’t take a holiday at the arcade

A recent data breach discovery serves as a reminder that even when you’re on vacation, cyber criminals never sleep.[ READ MORE ]

Holiday travel without data leaks

The average value of a lost laptop is $49,246, a number based on several factors: replacement cost, detection, forensics, data breach, lost intellectual property costs, lost productivity and legal, consulting and regulatory expenses. [ READ MORE ]

Data breaches make the hospitality industry less hospitable

According to a new report by British insurance firm Willis Group Holdings, insurance claims for data theft worldwide jumped 56% last year, with the largest share of those attacks - 38% - targeting hotels, reports and tour companies. Why are hackers increasingly making themselves at home in the hospitality sector? [ READ MORE ]

What consumers should know about data breach notification

It can be unnerving to be told that your information has been compromised in a data breach. The uncertainty of not knowing all the details and the anxiety over what information has been exposed is deeply troubling to many consumers. A breach notice makes us aware of a new risk to our lives that we can’t measure easily.[ READ MORE ]

Protecting your business from gift card fraud

Gift cards are a growing market for businesses and should be treated as valuable sales currency, with the same risks of consumer fraud and internal misconduct that are posed by credit cards. Developing robust safeguards , proper auditing and early detection and reporting of abuse are critical to protecting a program that is popular with customers and profitable to retailers.[ READ MORE ]

Protecting your retail business from consumer fraud

The Holiday Season is one of the busiest times of year for consumer-facing businesses.  While Holiday sales can help improve a bottom line, the increased consumer activity also brings many headaches. One of the biggest headaches is falling victim to fraud schemes from wily consumers hoping to take advantage of business who do not have [...][ READ MORE ]